How Full Is Your Key Box?
How full is your key box?
In today’s market you will have plenty of opportunities to create an income stream by flipping houses, but don’t forget about the long-term opportunities of buying and holding great income producing assets.
Now, more than ever, you can easily buy a house in a good working class neighborhood and rent it out for positive monthly cash flow. If you learn to buy these assets without banks and without using your own money you will also earn an infinite return on investment. In many markets across the U.S. you should be able to earn a solid $300 – $400 per month in positive cash flow. How many times would you need to earn $400 per month to become financially free, be able to replace your day job, etc?
You can think of your rental portfolio in terms of your key box. If you have started collecting keys that have tenants paying the monthly expenses and producing pure cash flow, now is the perfect time to start to fill up that key box.
Every single key you add into your key box will put you one step closer to the freedom you deserve. It is easy to get caught up flipping houses for income today and lose site of the fact that there is nothing better than ultimately just working for assets and not income. In addition the monthly cash flow you will also see your net worth skyrocket.
Why not learn to do all this without banks and without using any of your own money? I am starting to work on a new seminar series that will cover this exact material including finding, buying, renting the right properties without needing banks to give you a mortgage.
Creating wealth with other people’s money will lead to your freedom.
Jim Ingersoll
Author, "Investing Now"
http://www.investingnownetwork.com
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